The global M2M Service market is anticipated to grow at a CAGR of 30.5% during the forecast period. The launch of M2M service by key network providers is a key factor boosting the growth of the global M2M service market. For instance, in June 2022, STMicroelectronics launched the ST4SIM-201 embedded SIM (eSIM) for M2M communication, which complies with the most recent 5G network access standards, M2M security, and flexible remote provisioning and management. The ST4SIM-201 is compatible with ETSI/3GPP release 16 and can connect to 5G standalone (SA) networks. Additionally, it is also able to connect to networks powered by 3G, 4G, and low-power wide-area (LPWA) technologies like LTE-M and narrowband IoT.

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/m2m-service-market

Further, in October 2022, Bharti Airtel ("Airtel"), India's telecommunications services provider, implemented the "Always On" IoT connectivity solution in the country. Dual profile M2M eSIM, part of Airtel's "Always On" service, enables an IOT device to maintain a mobile network connection from several Mobile Network Operators (MNOs) in the eSIM. GSMA-compliant technology from Airtel, flexible API-based eSim lifecycle management on the feature-rich Airtel IoT Hub, and full compliance with Department of Telecom (DoT) M2M requirements all contribute to the company's ability to meet future needs.

In May 2021, Econet Wireless launched M2M services in Zimbabwe. The introduction of M2M technology will boost productivity and efficiencies for Zimbabwean businesses and is set to be a key enabler in achieving a digital economy. The adoption of M2M based applications, particularly in areas such as smart agriculture, healthcare, tele-education, smart building, and smart cities, among others, will have an enormous impact in boosting the country’s socio-economic development and enabling the transition to a digital economy.

Global M2M Service Market Report Segment

By Type

Professional
Managed

By End-User Vertical

BFSI
Healthcare
IT & Telecom
Retail
Automotive
Other

A full report of Machine to Machine (M2M) Service Market available @ https://www.omrglobal.com/industry-reports/m2m-service-market

Machine to Machine (M2M) Service Market Report Segment by Region

North America          

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific   

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

Amdocs Inc
AT & T Inc.
Comarch Inc
Cstar Technologies Inc
Deutsche Telekom A G
EE Ltd.
Gemalto N.V.
Huawei Technologies Co. Ltd
Nokia Corp (Alcatel-Lucent S.A.)
NTT Data
Rogers Communications Inc.
Telenor Group

Reasons to Buying From us –

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Contact Person: Mr. Anurag Tiwari

Email: [email protected]

Contact no: +91 780-304-0404

Company Name: Orion Market Research

Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f